1095-A Payment
I submitted my taxes and it showed I owe $85 based on my 1095-A. Is this being automatically taken out of my taxes or do I have to make a payment elsewhere? Where does this payment get processed?
I submitted my taxes and it showed I owe $85 based on my 1095-A. Is this being automatically taken out of my taxes or do I have to make a payment elsewhere? Where does this payment get processed?
Yes, it is automatically taken out of your taxes. The repayment of the Advanced Premium Tax Credit calculated when you entered your 1095-A is added to your overall tax bill so it will be reflected in your total refund/tax due on TurboTax. You do not have to make a separate payment.
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